Instrument: US100
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 12368.33 with take profit at 12401.65
Bearish Preference:
Sell position is envisaged if price trades below 12208.14 with take profit at 12173.88
Fundamentals:
1:30pm USD CPI m/m
USD Core CPI m/m
Comment:
U.S. stocks sold off sharply Thursday as investor anxiety heightened ahead of data on Friday that is expected to show consumer prices remained elevated in May.
Analysis: SCRUM Team